Food Franchise opportunities to start in St Albans
St Albans could be home to your new business
You could start your own business by becoming a franchisee in St Albans. There are a number of opportunities to choose from in St Albans, located in the East of England. Have a look at our selection of brands and start managing your own business with a team behind you. Deciding which sector you'd like to work in will lead you to the businesses that best suit your needs and career goals.
Recent figures show that St Albans has a population of 147,000 people. The age group with the highest concentration is 40-59. The economically active population in St Albans amounts to 73,000 people, with an unemployment rate of 7%. This rate is slightly higher than the national average. Residents of St Albans have an annual average salary of £47,507. In comparison, the average gross income in the United Kingdom is close to £31,000.
Running a Food franchise business
Are you interested in the Food sector? If so, there are 136 available brands to choose from across the United Kingdom. Have a look through our seven Vegan franchises, three Donut franchises, five Juice franchises, three Smoothie franchises and nine Healthy Food franchises to see if any suit your career goals and aspirations. Many companies in St Albans already work in the Hospitality and Food Services industry, which employs 5,000 people. You would be joining a well-established business community.
Want to know more? Read about these three brands
Heavenly Desserts operates in the Food sector. By joining its network of 21 franchisees, you could play a part in this brand's success. To start your business, you will need an initial investment of £190,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will generally be required. For Heavenly Desserts, the minimum personal investment is £110,000. Due to the higher startup costs, this option is not recommended for first-time franchisees. By investing in this established brand, you could be eligible for financial aid.
You could also consider Cinnabon, which has been in business since 2004. Cinnabon has gained valuable experience in the sector in its 16 years since first opening. With a vast network of 1,300 outlets, the brand knows how to support its franchisees.
Lastly, another interesting franchise option is Shakeaway. This brand is expanding, counting 40 locations in the United Kingdom. You will need to invest £100,000 to start operating your own Shakeaway business, which is a significant initial investment. Your personal investment should account for at least £40,000 of the total amount. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A large premises will also be required to operate this business. You may be eligible for financial assistance. See our website for details.
Many businesses are already operating in the Food industry. We currently have 136 franchise options available in the sector. Plus, with close to 250 alternative franchising options available in different sectors, Point Franchise offers plenty of choice to find the brand that best meets your needs.
This text was automatically generated in partnership with LabSense, using data collected from NOMIS and the ONS.